Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Tata Teleservices Partners With ECI Telecom to Offer Fixed Broadband Services Across India

Wed. June 17, 2009; Posted: 03:56 AM
Stocks RSS
PETAH TIKVA, Israel & MUMBAI, India, Jun 17, 2009 (BUSINESS WIRE) -- ECIL | Quote | Chart | News | PowerRating -- ECI Telecom, a global provider of networking infrastructure solutions optimized for NGN migration, and Tata Teleservices Limited (TTSL), have partnered to deliver India's largest fixed-broadband access network supporting speeds of up to 18 Mbps. As part of the frame agreement, TTSL will deploy an all-IP next-generation network featuring ECI's award winning Hi FOCuS(TM) Multi-Service Access Node (MSAN) and SR9000 Carrier Ethernet Switch Router (CESR) platforms. This end-to-end broadband access solution for TTSL's 'Photon Pro' network has already been successfully deployed across eight cities: Hyderabad, Bangalore, Delhi, Ahmedabad, Vizag, Vijayawada, Surat and Baroda.

ECI's solution, part of the company's 1Net framework to simplify networks and allow for a smooth transition to NGN, represents one of the most comprehensive multi-service, IP-based, broadband access networks on the market today, simultaneously supporting next-generation data, video and voice over both fibre and copper infrastructure. The state-of-the-art solution will enable TTSL to lead the market with innovative triple-play services and applications such as IPTV, video on demand, high speed broadband Internet, VoIP and other bandwidth intensive services.

"ECI's expertise and in-depth understanding of broadband access solutions were key factors in our decision to choose ECI for this important project. The company's market leading solutions allow us to deliver a full spectrum of next-generation services today, well ahead of other operators in the market, while addressing our evolving needs as network architecture and technologies change in the future," commented A G Rao, President & Chief Technology Officer, Tata Teleservices Limited.

The contract marks a significant milestone in the long-term relationship between ECI and the Tata Group. Israel-based ECI has been successfully providing the India communication conglomerate with network infrastructure solutions, such as wireless backhaul, WiMax backbone, and broadband access and transport solutions for over five years.

"We are proud of our long term partnership with TTSL and honored to be chosen as a trusted partner for this inaugural project. ECI brings proven experience and excellence in the broadband access market, servicing and supporting some of the world's largest tier-1 networks," commented Rafi Maor, President and CEO, ECI Telecom.

About ECI Telecom: ECI Telecom Ltd. is a global provider of networking infrastructure equipment delivering innovative communications platforms to carriers and service providers world over. ECI Telecom provides scalable broadband access, transport and data networking infrastructure which enables the foundation for the communications of tomorrow which include next-generation voice, IPTV, mobility and other business solutions.

Founded in 1961, ECI Telecom is headquartered in Israel, with a strong global presence around the world. ECI has development centers in India, China, USA and Israel. ECI Telecom has 8 offices across India and among its valued customers are some of the country's leading service providers including Bharti, Idea Cellular, Tata and Vodafone.

For more information, please visit www.ecitele.com

About Tata Teleservices Limited: Tata Teleservices Limited is one of India's leading private telecom service providers, having a pan-India presence. The company offers integrated telecom solutions to its customers under the Tata Indicom brand, and uses the latest technology platform(s) for its wireless network. With a customer base of nearly 36 million, Tata Teleservices Limited, along with Tata Teleservices (Maharashtra) Limited, covers over 320,000 towns and villages across all of India's 22 telecom circles.

In November 2008, Tata Teleservices entered into an agreement with Japanese telecom major NTT DOCOMO, as part of which the Japanese company acquired a 26% stake in TTSL for USD 2.7 billion. The transaction marks a key step in the strategic evolution of Tata Teleservices, as it moves towards a pan-India dual network presence. The company also recently announced a unique reverse equity swap strategic agreement between its fully-owned telecom tower subsidiary, Wireless TT Info-Services Limited, and Quippo Telecom Infrastructure Limited--with the combined entity kicking off operations with 18,000 towers, thereby becoming the largest independent entity in this space in the country.

Tata Teleservices' bouquet of telephony services includes mobile services, wireless desktop phones, public booth telephony and wireline services.

For more information, please visit www.tataindicom.com

Certain statements contained in this release may contain forward-looking information with respect to plans, projections or future performance of the companies mentioned. By their nature, forward-looking statements involve certain risks and uncertainties including, but not limited to, product and market acceptance risks, the impact of competitive pricing, product development, commercialization and technological difficulties as well as other risks.

SOURCE: ECI Telecom

ECI Telecom 
Media Relations 
Karen Mazor, ECI Telecom 
T: +972 52 400 8489 
karen.mazor@ecitele.com 
or 
Analyst Relations 
Sandra Welfeld, ECI Telecom 
T: +972 3 928 7283 
sandra.welfeld@ecitele.com 
or 
Parul Gupta, Text 100 Mumbai 
Tel: +91 9769392525/9820587678 
Email: parulg@text100.co.in 
or 
Tata Teleservices 
Shefali Jhaveri, Tata Teleservices 
Shefali.jhaveri@tatatel.co.in
For full details for ECIL click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.